WWE’s Vince McMahon ‘steps back’ from CEO role amid misconduct probe

WWE Chairman and CEO Vince McMahon speaks at a news conference announcing the WWE Network at the 2014 International CES at the Encore Theater at Wynn Las Vegas on January 8, 2014 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images) WWE Chairman and CEO Vince McMahon has "voluntarily stepped back" from his duties as head of the wrestling company amid allegations that he secretly paid $3 million to a former employee with whom he was having an affair.World Wrestling Entertainment announced the move in a press release Friday morning and said a "special committee" is investigating.

WWE later announced on Twitter that McMahon will make an appearance on "Smackdown" on FOX at 8 p.m. Eastern Friday. An email reportedly sent to the WWE’s board of directors on March 30 claimed the woman’s salary increased when she began the affair with McMahon, who then "gave her like a toy" to John Laurinaitis, head of talent relations.The Wall Street Journal first reported the accusations on Wednesday.

According to the report, WWE is also investigating other alleged nondisclosure agreements and misconduct claims against McMahon and Laurinaitis.he Rock, Vince McMahon, John Cena, and Michael Cole attend the WrestleMania 29 Press Conference at Radio City Music Hall on April 4, 2013 in New York City. (Photo by Taylor Hill/Getty Images) The employee, hired as a paralegal in 2019, has a separation agreement from January that prevents her from discussing her relationship with McMahon or disparaging him, the Journal reported."I have pledged my complete cooperation to the investigation by the Special Committee, and I will do everything possible to support the investigation.